INTRADAY STOCK TIPS FOR TODAY: Stock Market Updates |Stock Tips Today

Monday, October 15, 2012

Stock Market Updates |Stock Tips Today

Stock Market Updates Today :- Stock market is expecting to trade with lower trend following weak Asian markets, while investors will keep a close eye on Reliance Industries and Axis Bank ahead of their quarterly results.One more mega event is going to held, Inflation numbers for the month of September are due later today,rhat will sure affect the market.

Nifty Tips :- Sell Nifty future at 5675 Stop loss 5709 for target of 5662,5655,5651,&5645.

Stock Tips Today :- Buy ACC above 1510 for target of 1525 with stop loss of 1476.

Buy DABUR INDIA above 136 for target of 137 with stop loss of 134.

Stocks To Trade Today :- Axis Bank,Coal India Ltd.,DB Realty Ltd,DLF Ltd.,BHEL,HDFC Bank,MTNL,Tata Steel Ltd.,

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CapitalVia Global Research Head of Research Vivek Gupta said: "The good thing to cheer for the investors is that now they own a stake in the company which is much more clean in all the aspects and is amongst the top-five IT companies." Via moneycontrol.com Commenting on the outlook, the broking firm CapitalVia Global Research said, "Next week, if gold sustains above the level of 26,430 then by breaking the level of 26,890, it may touch the level of 27,250. But if it fails to sustain above 26,430 then may touch the level of then it may test the level of 25,311/25,200. For silver 42,800 may act as good resistance. For the next week, traders can sell on higher level strategy, if MCX Silver September futures sustains below 41,080 then it could test the levels of 40,340/ 39,900." Via myiris.com Vivek Gupta, head of research, CapitalVia Global Research said, "Technically, Nifty is likely to consolidate in the upcoming session and remain bullishly poised. Major resistance for upside is 6,080 with the crossing of which 6,150 can be touched. For downside, major support is at the level of 5,850 and 5,750."